Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Wave Cyber (Shanghai) Co's Enterprise Value is ¥2,089.4 Mil.
Wave Cyber (Shanghai) Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥48.4 Mil. Therefore, Wave Cyber (Shanghai) Co's EV-to-FCF for today is 43.21.
The historical rank and industry rank for Wave Cyber (Shanghai) Co's EV-to-FCF or its related term are showing as below:
SHSE:688718'
s EV-to-FCF Range Over the Past 10 Years
Min: -866.82 Med: -40.57 Max: 674.83
Current: 43.21
During the past 9 years, the highest EV-to-FCF of Wave Cyber (Shanghai) Co was 674.83. The lowest was -866.82. And the median was -40.57.
SHSE:688718's EV-to-FCF is ranked worse than 73.72% of 137
companies
in the Waste Management industry
Industry Median: 18.98
vs SHSE:688718: 43.21
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Wave Cyber (Shanghai) Co (SHSE:688718) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Wave Cyber (Shanghai) Co's PE Ratio (TTM) for today is calculated as:
Wave Cyber (Shanghai) Co's share price for today is ¥12.47.
Wave Cyber (Shanghai) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.290.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Wave Cyber (Shanghai) Co EV-to-FCF Related Terms
Wave Cyber (Shanghai) Co EV-to-FCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Waste Management subindustry, Wave Cyber (Shanghai) Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wave Cyber (Shanghai) Co EV-to-FCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Wave Cyber (Shanghai) Co's EV-to-FCF falls into.
Wave Cyber (Shanghai) Co's current Enterprise Value is ¥2,089.4 Mil.
Wave Cyber (Shanghai) Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥48.4 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wave Cyber (Shanghai) Co (SHSE:688718) has a EV-to-FCF of 43.21 as of Jul. 19, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Wave Cyber (Shanghai) Co and its competitors. According to the industry distribution chart, Wave Cyber (Shanghai) Co ranks #101 out of 137 companies in the Waste Management industry, placing it in the top 73.7%.
Is Wave Cyber (Shanghai) Co's EV-to-FCF too high?
Wave Cyber (Shanghai) Co's current EV-to-FCF is 43.21. The Waste Management industry median EV-to-FCF is 18.98. Wave Cyber (Shanghai) Co's value of 43.21 is 127.7% above this industry median. Based on the distribution chart, Wave Cyber (Shanghai) Co ranks #101 out of 137 companies in the Waste Management industry, which is below the industry midpoint. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's EV-to-FCF compare to WM and RSG?
According to the Waste Management industry distribution chart, Wave Cyber (Shanghai) Co ranks #101 out of 137 companies for EV-to-FCF. This places Wave Cyber (Shanghai) Co in the lower half of its industry. The industry median EV-to-FCF is 18.98. Wave Cyber (Shanghai) Co's value of 43.21 is 127.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Waste Management company?
The median EV-to-FCF among Waste Management companies is 18.98, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wave Cyber (Shanghai) Co's current EV-to-FCF of 43.21 is 127.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Wave Cyber (Shanghai) Co and its competitors. For the Waste Management industry, the median EV-to-FCF is 18.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Cyber (Shanghai) Co's current EV-to-FCF is 43.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.02, compared to a current price of ¥12.47 — trading 17% below its estimated fair value. The current EV-to-FCF is 43.21 and 127.7% above the Waste Management industry median of 18.98. Wave Cyber (Shanghai) Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Wave Cyber (Shanghai) Co (SHSE:688718), the current EV-to-FCF is 43.21 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥12.47 is trading 17% below its estimated GF Value™ of ¥15.02.
GuruFocus considers Wave Cyber (Shanghai) Co to be Modestly Undervalued.
Key valuation signals for SHSE:688718:
EV-to-FCF: 43.21
GF Value™: ¥15.02 vs. price of ¥12.47 (17% below fair value)
Industry Position: 127.7% above the Waste Management median (#101 of 137)
No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
83GF Score
Get the complete analysis for SHSE:688718
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688718 has been successfully added to your 
